Archer-Daniels-Midland Company (ADM)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 53,271,000 | 54,631,000 | 59,774,000 | 56,136,000 | 49,719,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $53,271,000K
= 0.00
Archer-Daniels-Midland Company has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. This suggests that the company has not utilized debt financing to fund its operations and expansion activities during the period under review. A debt-to-assets ratio of 0.00 indicates that the company's total assets are entirely financed by equity or other non-debt sources, which can be seen as a positive indicator of financial stability and a lower risk of default. Additionally, a low debt-to-assets ratio may signify that the company has strong financial health and is less vulnerable to economic downturns or interest rate fluctuations.
Peer comparison
Dec 31, 2024